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Mortgage Applications Trickle Lower Despite Unchanged Rates
Applications volume was lower during the week ended August 8 across all of the measures employed by the Mortgage Bankers Association (MBA). MBA's Market Composite Index decreased 2.7 percent on a seasonally adjusted basis from a week earlier and it was
Fannie and Freddie Another Step Closer to Sharing Single Mortgage-Backed Security
The Federal Housing Finance Agency (FHFA) moved another step closer on Tuesday to its strategic goal of issuing a single mortgage-backed security (MBS) under the aegis of both of the government sponsored enterprises (GSEs) Freddie Mac and Fannie Mae.
Internet Lender Hit with $20 Million Plus in Penalties
An Atlanta-based Internet mortgage company, its owner and an affiliate have been hit with a $19.3 million penalty for what the Consumer Financial Protection Bureau (CFPB) said was a bait and switch mortgage scheme. Amerisave Mortgage Corporation, its
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...